(Reuters) - Diageo said on Tuesday that Chief Executive Ivan Menezes will retire and leave the British company at the end of June, after nearly a decade at the helm.
Menezes will be replaced by Chief Operating Officer Debra Crew, who will also join the board, Diageo said in a statement.
Menezes joined Diageo after the merger of Guinness plc and Grand Metropolitan plc in 1997 and has held a number of senior positions in the business, Diageo said.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'Souza)
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Ivan M. Menezes holds the position of Chief Executive Officer & Executive Director at Diageo Plc. Mr. Menezes is also on the board of Tapestry, Inc. and The Scotch Whisky Association and Chairman for Movement To Work. In the past he held the position of Principal at Whirlpool Corp., Global Chief Operating Officer at Diageo North America, Inc., Principal at Nestlé India Ltd., Strategy Director at Guinness UDV, Principal at Booz Allen Hamilton, Inc. and Chairman-Latin America & Caribbean Region at The Diageo Chateau & Estate Wines Co. He received an undergraduate degree from St. Stephens College and an MBA from Kellogg School of Management.
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